Category: Newsroom
Timely updates, official statements, industry shifts, and breaking news across Africa’s energy landscape.
Jun
08
South Africa Proposes $12B LNG Deal with U.S. to Secure Energy Transition
South Africa has proposed purchasing 75-100 million cubic meters of liquefied natural gas (LNG) annually from the United States over a ten-year period. This initiative aims to support South Africa’s shift from coal to natural gas and is part of a broader trade agreement that includes duty-free quotas for various exports
Jun
08
Big Oil Seeks U.S. Support Amid $133B Dispute with Central African Nations
Major oil companies, including Chevron and ConocoPhillips, are embroiled in a conflict with six Central African countries over environmental remediation funds. The dispute, involving $10 billion in demanded deposits, has led to U.S. diplomatic intervention to protect significant oil and gas projects in the region.